Trump will not buy bitcoins until he reaches $ 60,000: BitWise Exec

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Jeff Park, head of the Alpha strategy in Bitwe, stated on Sunday, March 9 that US President Donald Trump would abstain for subsequent Bitcoin purchases until he reaches nearly 60,000 USD. Park’s comments, common Through its official account on X, it was made against the background of growing speculation on the so -called “neutral under the budget”, which the administration can be used to obtain an additional BTC for the recently established strategic Bitcoin reserve in the USA.

Why Trump needs bitcoins to drop first

On March 6, 2025, President Trump issued an executive order forming a strategic Bitcoin reserve, positioning the United States to maintain a leading role in the space of digital assets. The administration confirmed that it already controls about $ 200,000 – values ​​of around $ 17 billion at current prices – supplemented primarily through the procedure for forfeiture of civil assets – waiting for the audit. While the executive order prohibits the sale of Bitcoins in the reserve, he manages the secretaries of the treasury and trade to examine “budget -neutral in terms of budget” methods of collecting additional BTC in the future, providing additional costs to taxpayers.

The Jeff Park perspective crosses standard market comments, focusing instead on political reality, which, as he believes, strongly affect every presidential decision to buy BTC. In one of my posts, the park writes: “I intend to let you into a small secret from my main experience in the field about the BTC pitch … I know one thing in institutions than almost anyone else: public officials almost never buy bitcoins about the trend/rush, and certainly not at the ups. The reason is simple – they do not want to be released when inevitable payments hits or worse, ruin their reputation in a public domain. “

Then he argues that political characters, especially as the US president was erected, encounter an asymmetrical risk profile. The fall of buying at a higher price-only so that the correct market can be destructive from the point of view of public relations. The park thinks that incentives for officials are dramatically shifting when BTC falls to more attractive levels.

He notes: “Can you imagine the headlines that will come for Trump if he buys Bitcoin for $ 100,000 and costs $ 70,000? On the other hand, if BTC reaches very cheap levels, the incentives of politicians and sovereigns to buy will increase … It is always +EV to calculate the motivational executive department (which must win the election) to wait for BTC to reach $ 60,000 and buy and take a loan. “

The park emphasizes that although the strategic reserve can be intended as a long -term value warehouse, public officials are trying to avoid slack in the event of immediate variability of inheritance prices. He claims that this underlying political pressure makes them less often “high risk”-especially those that can expose them to questions about responsibility.

The newly created Bitcoin strategic reserve, often marked by the administration as the “digital Fort Knox”, was clearly designed to remain intact in the long run. Crypto of the White House and AI Car David Sacks compared him to the “Bastion from the 21st century national financial security”, emphasizing the ambitions of administration for American cryptocurrency leadership.

However, the park claims that some conditions should be met to obtain a reserve program for real grip. Among them are “program shopping compared to discretionary” research “, joint decision making (to distribute responsibility) and an element of durability-albo through legislative security or authoritative actions taken behind closed doors.

The admiration of the park for public directors for retirement, who actively enabled Bitcoin, also emphasizes the contrast on decision -making periods: “This is the basis for which I give such a great respect of public pension IT, which bought BTC or invested in cryptocurrency strategies. They are simply real patriots-engaged in long-term thinking in favor of everyone against the potential privatized self-loss. Heroes. “

His applause emphasizes how these managers, in contrast to politicians looking for re -election or consider broad public control, often have more freedom of investing in the long run, provided that trust handrails take place.

In the BTC press it traded at USD 82,389.

Bitcoin price
BTC price, 1-week chart Source: Btcusdt at tradingview.com

A distinguished painting created from Dall.e, chart from tradingview.com

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